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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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Public records show 3, Nursery Close, Colchester to be a mid-century freehold house with 1,442 ft2 of internal area, sitting on a 879 m2 plot.
In this area, houses of this size normally have 4 bedrooms with a garden.
3, Nursery Close, Colchester has an estimated sale value of £509,251 and an estimated rental value of £2,113 per month, assuming reasonable condition and based on the information available.
Nursery Close, Stanway, Colchester, CO3 lies in the borough of Colchester, within the CO3 postal district.
3, Nursery Close, Colchester has a single entry in the Land Registry from September 2015 and a single entry in the EPC database dated June 2015.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
In very good condition, we estimate 3, Nursery Close, Colchester would be worth £534,714, with a potential rental value of £2,218 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £473,604, with a rental value of £1,965 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of 3, Nursery Close, Colchester has dropped by £4,840 (1.0%) over the last year. During the same period, its estimated monthly rental value has risen by £45 (2.1%). The property's estimated gross yield is currently 5.0%.
3, Nursery Close, Colchester occupies a 879 m2 plot as recorded by HM Land Registry.
All 7 other houses in this postcode have recorded plot sizes, and this one ranks as the 3rd largest.
3, Nursery Close, Colchester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 15 Jun 2015.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
3, Nursery Close, Colchester last changed hands on 25th September 2015, selling for £425,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 40.3% since September 2015.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 630 metres of 3, Nursery Close, Colchester across the last 2 years.
Most recently, 80, Villa Road, Colchester, CO3 0RN, a freehold house, sold at £410,000 on the 24th April 2024.
Read more about house prices in CO3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks 3, Nursery Close, Colchester as the 4th largest and the 3rd most expensive of the 7 addresses on Nursery Close, Stanway, Colchester, CO3.
Against the CO3 postcode district average, it is £132k more expensive than the typical property.
Marks Tey station is the nearest stop to 3, Nursery Close, Colchester at 3.7 kilometres away.
Environment Agency data suggests this area has a very low risk of flooding.
The recent census recorded whether a resident owned or rented their home.
In the area around 3, Nursery Close, Colchester, 50.9% of property is privately owned outright and 36.0% is privately owned with a mortgage.
The graph below shows how this compares to East of England and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 3, Nursery Close, Colchester, 16.4% of residents are recorded as possessing school level qualifications and 23.6% as possessing degree level qualifications.
The graph below shows how this compares to East of England and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 3, Nursery Close, Colchester, the average age was 41.8 and the most common age was 32.
The graph below shows how this compares to East of England and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 3, Nursery Close, Colchester, 0.8% of property was a second home.
Comparison figures for East of England and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 3, Nursery Close, Colchester, there are an average of 1.5 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
